yesterday going into the close I lightened up considerably on my more liquid energy stocks for one reason-- the heatwave in the North East.
I figured after seeing Fox News, CNN, Global and CBC reporting on the warm weather, the stocks could do one of two things-- go up, because the news is factored in, or go down because the news isn't factored in.
Short or long, I didn't know what direction the markets would take these stocks until I seen the open this morning.
fwiw, I'm still holding those not too liquid issues I mentioned earlier on.
...as for everything else-- the fed minutes and their concern about an economic slowdown.
-- that should hit the world markets when they open later on.
FP........................................................